Colombian coffee: a future with more quality than quantity

Colombia could be overtaken soon by Ethiopia or Peru as the fourth-largest producer of coffee.

The bad news was Juan Camilo Restrepo, the Minister of agriculture on Monday: after four consecutive years of crop failures Colombia will cease to be the world's fourth largest producer of coffee.

According to Restrepo in this period the production in the South American country - went long the second world producer of cereals, only behind Brazil - a potential 12 million average eight million annual bags.

And he added forecasts "not all the best for the year 2012 paint".

In autumn the coffee production of Colombia, which currently by Viet Nam, already overtaken been was also lower than in Indonesia.

And according to the Minister, Peru and Ethiopia already nipping the heels of Colombia in it refers to series production.

The official said that it this, could mean what in terms of access to markets provide.

"Get a toaster that was taught a number of Colombian coffee can wait no more than four years for an indefinite period", he said at a meeting with the Department of Antioquia coffee producers.

"If this drags on, substitutions in the large casserole mixes will start coffee (coffee), that Colombian of grains of other races have traditionally used", warned.

Quality

Not all, however, is a bad news.

Falling markets in advance of the meeting of the EU on the future of Greece

Lucas Papademos, former Prime Minister of Greece.

Stock markets fell heavily on Wednesday before the meeting of the leaders of the European Union, where cover subjects such as the future of Greece in the euro area.

Shares plunged after the news agency Dow Jones reports that the former Foreign Minister of Greece of Lucas of Papademos said: "Athens has to continue with the austerity program or face one exit in the euro area".

Italy and Spain markets dropped to 3.3% and 3.7% or fell during the London, Paris and Frankfurt more than 2%.

Euro fell for the minimal to the dollar in the last 22 months.

At the Summit of Brusealas that the new French President, François hollande, supported the approach of abstinence from Germany to resolve the crisis in the eurozone expected, will challenge.

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